CAJ | 학술논문

制度环境对公司治理有着举足轻重的影响，在转型经济阶段，由于市场化的不完善，公司的政治背景构成了影响公司治理最为重要的因素。但随着经济的发展、市场厚度的增加以及社会的变迁，公司已成为纷繁复杂的社会关系网络的一个节点，这一关系网络所形成的社会资本将从更广泛的范围影响公司治理，这势必要求从社会资本层面对政府、企业与市场关系进行再思考，并立足实践，寻求公司治理研究演化的路径。
제도배경대공사치리유착거족경중적영향，재전형경제계단，유우시장화적불완선，공사적정치배경구성료영향공사치리최위중요적인소。단수착경제적발전、시장후도적증가이급사회적변천，공사이성위분번복잡적사회관계망락적일개절점，저일관계망락소형성적사회자본장종경엄범적범위영향공사치리，저세필요구종사회자본층면대정부、기업여시장관계진행재사고，병립족실천，심구공사치리연구연화적로경。
Institutional environment has a pivotal role in corporate governance. In the economic transformation stage, due to the imperfections of the market-oriented, the impact of the political background of the company served as the most important part of corporate governance. With the development of economic, marketization deepening as well as the social changes, the company has become a node in a complex social network, and this network of relationships would form social capital, which would influence corporate governance in a wider range. Therefore, the relations between governments, business and market have to be reconsidered again in the perspective of social capital; and to find out the researching way of corporate governance evolution based on practice.